Bulgaria to develop radioactive waste disposal facility

Kozloduy nuclear power plant, Bulgaria (IAEA Imagebank, CC BY-SA)

Ukraine: tender for 6 passenger trains cancelled

Swedbank’s new forecast: the Baltic States will grow 3.5-4.2 per cent in 2017

Bulgaria

Bulgaria will develop radioactive waste disposal facility. As reported, construction works have already started. It will be located  near the country’s sole nuclear power plant (NPP) Kozloduy. The unit should be completed and put into exploitation in 2021. It is expected to be operated for a period of 60 years. Its storage capacity will be 138,200 cubic meters (cm).

Novinite.com reminds that “the nuclear power plant in Kozloduy, on the Danube river, remained with two operational reactors of 1,000 MW each after the country closed down four older units of 440 MW each to address nuclear safety concerns of the European Union prior to its accession to the bloc. Bulgaria joined the EU in 2007”.

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Ukraine

Ukrainian PJSC Ukrzaliznytsia canceled a tender for new passenger diesel trains. As the Interfax informs, the company has canceled tenders for the purchase of six units for the expected amount of UAH1.62bn (EUR53.1bn). PJCS Ukrzaliznytsia has rejected the only two submitted applications from Kriukov Car Building Works (KCBW) and Kharkiv Wagon Plant due to an inconsistency of tender documentation.

According to the Interfax the tender was announced on March 7th, 2017, and since then “they have been accompanied by complaints from potential participants, including those regarding discriminatory trading conditions and violations of legislation, a number of changes were made to the documents”.

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Baltic States

Lithuanian Swedbank has revised its economic growth forecasts of the Baltic States. As reported, it now predicts Lithuania’s economy will grow 3.8 per cent (the previous forecast was 3 per cent), Latvia’s economy will grow 4-4.2 per cent and Estonia’s will grow 3.5 per cent. The revision reflects positive foreign trade trends, recovering investments and strong household consumption.

The Baltic Course quotes Swedbank’s chief economis Nerijus Maciulis saying: “In the context of positive global trends, the Baltic countries and Lithuania look rather good. A recovering Russia and Eurozone have had a positive impact on Lithuania’s GDP growth. Lithuania’s GDP grew by 4 per cent in the first half of this year and we expect similar growth for the rest of the year”.

 At the same time Swedbank revised its 2018 GDP growth projections. Lithuania will grow 3.5 per cent instead of 2.7per cent, Latvia – about 4-4.2 per cent and Estonia about 3.2 per cent.

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What’s up in indexes

BET (of Bucharest) decreased from 8,373.47 index points Monday, August 28th to 8,307.53 index points Tuesday, August 29th. It’s down 0.79 per cent d/d and up 18.70 per cent y/y.

BUX (of Budapest) decreased from 38,097.59 index points Monday, August 28th to 37,639.62 index points Tuesday, August 29th. It’s down 1.20 per cent d/d and up 34.80 per cent y/y.

CROBEX (of Zagreb) decreased from 1,899.50 index points Monday, August 28th to 1,895.69 index points Tuesday, August 29th. It’s down 0.20 per cent and up 4.87 per cent y/y.

OMXR (of Riga) decreased from 1,023.83 index points Monday, August 28th to 1,014.28 index points Tuesday, August 29th. It’s down 0.93 per cent d/d and up 57.35 per cent y/y.

OMXT (of Tallinn) decreased from 1,276.91 index points Monday, August 28th to 1,275.68 index points Tuesday, August 29th. It’s down 0.10 per cent d/d and up 28.17 per cent y/y.

OMXV (of Vilnius) increased from 652.10 index points Monday, August 28th to 654.21 index points Tuesday, August 29th. It’s up 0.32 per cent d/d and up 21.88 per cent y/y.

PX (of Prague) decreased from 1,035.91 index points Monday, August 28th to 1,021.30 index points Tuesday, August 29th. It’s down 1.41 per cent d/d and up 19.74 per cent y/y.

SAX (of Bratislava) was closed Tuesday, August 29th. On Monday, August 28th it closed at 328.58 index points.

SOFIX (of Sofia) decreased from 713.94 index points Monday, August 28th to 711.13 index points Tuesday, August 29th. It’s down 0.39 per cent d/d and up 50.87 per cent y/y.

UX (of Kyiv) decreased from 1,132.33 index points Monday, August 28th to 1,120.55 index points Tuesday, August 29th. It’s down 1.04 per cent d/d and up 59.54 per cent y/y.

WIG20 (of Warsaw) decreased from 2,531.31 index points Monday, August 28th to 2,497.58 index points Tuesday, August 29th. It’s down 1.33 per cent d/d and up 40.52 per cent y/y.

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